get geico. fifteen minutes could save you fifteen percent or more. lunch" and the futures capital of the world, the chicago, the cm e-trading floor. as we start to see some of these headlines come out again, markets are moving in a way we kind of remember. what i'm talking about is italy coming over the wires, they're raising their outlook on deficits an lowering their outlook on gdp. boy, we've seen this movie before. look at the 24-hour chart of our 10-year. of course the early buying pushed rates down. it is creeping back but this dynamic is probably more a function of the big comeback from the day of equities. the safety of bunds is coming back. some of the lowest yields in 10s earlier and bunds today since the '13 fed statement. it is all about currencies, all about exporting. the big dynamic traders continue to talk about the most. the euro versus the dollar getting hit today but it is also getting hit versus the yen. we want to pay particular close attention to the euro-yen in the next come weeks. >> you covered a lot of bases there, include c

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get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back to "power lunch." watching shares of kb home. reporting quarterly results on friday. we're told that all eyes are going to be on orders. isi expects tose ordehose order decline 13.6%. there are some bigger ticket west coast sales so we'll be watching that very closely but today, shares down nearly 5%. >>> many people will tell you that the market is waiting for new themes to develop. fedex reports tomorrow so an important snapshot of where we are with the transports. later in the week, europe will have their flash pmi. that could also just change the view perhaps from where we are with the recovery or not in europe and the actions of the ecb and the fed. mary, what are you watching as we head into the afternoon trade? >> we're watching to see whether or not the markets decline accelerates. it's been trading at a fairly narrow range throughout the day but it is starting to wide an little bit. basically mondays hav

geico, see how much you could save. trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> in today's yahoo! finance poll, we asked you as the democratic national conventional begins, do you feel better off financially than you did four years ago. the vast majority of you say, no, you don't feel better and in fact, things are going to get worse. let's see what's coming up on "street signs" with mandy. >> hi, simon. coming up at the top of the hours, are we going to get a september stumble after a sizzling stumble and we will see the debate live on the democratic national conventi conventional, has hollywood lost the battle to get us out of our living rooms into the movie theaters. and joining us from "street signs," i want to get to brian for a market flash. >> thank you. look at warner wrcx, up sharply. you might say, drugmaker, defensive day, why not? this ireland based company doesn't have a dividend, not a defensive play from that privilege, simon. ba

geico, see how much you could save. you should see more traction. >> analysts put a $36 price target on the stock. oppenheimer downgrading bed bath and beyond to perform from outperform, saying at least the next few quarters, we view the potential for outside sales and earnings at the chain as limited. >> i think a limb more beyond here. i'm not in on this analyst, a little more room to the run side. give them credit a big motto in the chicago pitch, like to say pigs get fat, hogs get slaughtered a nice run here. as long as it is above the 20-day moving average, stay to the upside. >> a weak endorsement of this call? >> yes. >> the lumber, stick and boards, lumber liquidators, raymond james underperform from market perform, the stock's current valuation seems to us to be overly optimistic. talk about valuation, up 205% the past year. >> this hitting on all cylinders, like my fightin' irish on saturday night, a smoking situation a prudent thought to book profits here. the end of the day, just a great move. i hope people

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geico, see how much you could save. >>> whatever the headlines bear in mind the s&p 500 surged more than 5% in the third quarter that will wrap up friday. despite concerns about an economic slow down and at some point higher oil prices though that's not the case now. will violence in greece and spain hold back the bulls in the fourth quarter? with me, trader at virtue financial matt chester. you don't think people are talking about spain and greece. this is about fedex and caterpillar for you. >> i think so. greece is an old story. spain is ratcheting up the violence in terms of that. the market is down only eight points. that's not a factor. i'm looking for fedex and caterpillar, two companies that ratcheted down guidance and earnings. we have hit good support levels. i look for them to rebound. it's going to be strong through friday. >> you are often bearish. >> yes. >> but not now. what's changed for you now? >> nothing really. going into the next couple of days at the end of the third quarter we'll see interests. we see higher highs, lower lows. i'm tired of it. >> that's the point.